Mukesh Ambani started his speech by saying ‘Namaskaram’ and talked about AP

Reliance Chairman Mukesh Ambani participated in the Global Investment Summit in Visakhapatnam today. Ambani started his speech by saying ‘Namaskaram’. He said that he is happy to participate in this conference. Andhra Pradesh has talented youth and natural resources. Krishna, Godavari rivers, cities like Visakha, Tirumala, etc. are the factors that attract entrepreneurs. He said that AP is very important for India. There are all kinds of opportunities for the development of Andhra Pradesh and they will participate in it. They will continue to invest in the state. Ambani said that there are great scientists and doctors in the world and AP people in various fields. He said that there are many managers and professionals in Reliance company as well.

He said that AP is moving ahead because of CM Jagan.. AP is ahead in the country in terms of ease of doing business. He said that AP can achieve good development in marine sector. He said that the state is developing rapidly under Jagan’s leadership. He said that Reliance has been investing in the natural gas sector since 2002 and 30 percent of its gas production in the country is from AP. He said that 98 percent of the 4G network is covered by Jio in the state. He said that 5G technology will be spread across the country including AP by the end of 2023. He explained that 40 thousand crores of investments have been made for Jio in AP, and with the arrival of 5G network, business and job opportunities are going to increase hugely. Mukesh Ambani revealed that Reliance Retail has expanded to 6 thousand villages in AP. He said that Reliance Retail is maintaining relationships with 1.29 lakh grocery stores.